#美联储FOMC会议 In December 2025, the Federal Reserve's FOMC meeting marked the third 25 basis points rate cut of the year, lowering the federal funds rate range to 3.50%-3.75%. It also simultaneously restarted short-term Treasury bond purchases, with a policy mix of 'rate cuts + balance sheet expansion'. The key turning point of this meeting lies in the adjustment of the easing pace: the statement added guidance on 'magnitude and timing', and the dot plot only implied one rate cut in 2026, contrasting with the market's previous expectations of easing, marking a shift towards a 'data-dependent' cautious stance. Significant divergence was evident in the meeting, with three dissenting votes reaching a new high since 2019, reflecting clear differences between the hawkish and dovish factions regarding the trade-off between inflation stickiness and employment risks. On the market side, short-term liquidity support drove down short-term U.S. Treasury yields, while U.S. stocks and gold strengthened; however, in the medium to long term, inflation has not reached the 2% target, and economic growth expectations have been revised upward, combined with constraints from the new chair selection and hawkish voting members, leaving substantial easing space limited. Future policy anchors will focus on January's non-farm payroll, CPI data, and the policy tendencies of the new chair. Overall, this meeting ends the consecutive easing cycle and opens a new phase of 'prudent easing + flexible adjustment'. Under the 'multi-speed' framework of global monetary policy, uncertainty in policy remains.
$BTC Title: Trump Promotes the "Board of Peace", Hungary Invited to Become a Founding Member
As Trump returns to the international stage, his diplomatic style is once again drawing attention. Latest reports indicate that former U.S. President Donald Trump has formally invited Hungary to join the "Board of Peace" as a founding member. The Hungarian side has stated that it has solemnly accepted this invitation and views it as a significant recognition of its long-standing efforts to promote peace.
The Hungarian government emphasizes that its positions on regional security, diplomatic mediation, and conflict de-escalation in recent years have gradually garnered more international attention. The invitation to join the "Board of Peace" not only reflects Trump's camp's affirmation of Hungary's policy orientation but also sends a clear signal—that in the new framework of international cooperation, peace and dialogue are once again placed at the core.
Trump's camp stated, "With Trump, there is peace." This statement continues his longstanding diplomatic philosophy of reducing conflict risks through negotiation, balance of interests, and realistic means. Unlike traditional multilateral mechanisms, the "Board of Peace" places greater emphasis on efficiency, direct communication, and the autonomy of participating countries.
Analysts believe that Hungary, as one of the first founding members, may play a role as a communication bridge within this mechanism, especially on issues where East-West positions diverge significantly. This move also provides a new observation window for the international community: whether new models of peace cooperation can truly exert influence in a turbulent global landscape remains to be seen. {future}(BTCUSDT)
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